Two Billion Farm Subsidies Planned By U S
Agriculture Secretary Clifford Hardin announced a farm subsidy program costing up to 2 billion dollars for the coming year. He said the move aims to boost farm income and shrink surplus production while acknowledging little impact on consumer food prices. The plan increases subsidies to pay farmers to idle more land and reduce production next year.
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Army Base To Be Converted To Peacetime War On Cancer
President Nixon announced Ft Detrick in Maryland will be converted from a classified biowarfare facility to peacetime cancer research space. The move will repurpose more than 500 staff into civilian research with up to 600 scientists sharing up to 0.5 million square feet of new lab space as a major step in the national cancer effort.
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Scott Paper, Up %4 Stnax
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Hogs and cattle prices ease as market reports show declines
Indianapolis market notes hogs mostly down 25 with moderate activity and varied weights 200 to 350 pounds. Sows rise up to 25, cattle and calves mixed with steer and heifer prices steady to higher, ranges outlined for various weight classes. Sheep steady with wool and slaughter lambs listed, market activity described.
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New York Stock Closings and Muncie Livestock Report
The Marhoefer notice lists closing prices from New York stock markets alongside livestock totals from Muncie auctions. Figures show notable shifts in dairy and hog categories, with trading activity centered on midweek routines and local demand patterns.
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